Yoke Technology(SZ:002409)2022-11-21 16:08Group 1: Company Overview and Market Position - Jiangsu Yake Technology Co., Ltd. is actively involved in the semiconductor materials sector, focusing on precursor materials and SOD [1] - The company has a gross margin of 43.75% for semiconductor materials, 15.27% for photoresists and related reagents, and 44.23% for electronic specialty gases [2] - The transition from flame retardants to semiconductor materials aligns with national development goals and leverages existing expertise [3] Group 2: Challenges and Opportunities - The company faces supply chain challenges, particularly with High-k materials, primarily sourced from advanced U.S. technologies [1] - In the storage chip sector, the supply chain issues are less pronounced due to technology being primarily from Japan and Korea [2] - The company aims to expand domestic production to meet increasing demand, particularly in light of the upcoming LG OLED production line in 2023 [2] Group 3: Future Plans and Development - The company plans to establish a domestic photoresist factory by 2023 to meet local demand [2] - There are intentions to enhance R&D capabilities by training local teams with expertise from Korean counterparts [3] - Future acquisitions are not ruled out, but the company acknowledges that finding suitable targets may become more challenging [3]